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Economy

How Did the Ancient Greeks and Romans Do Banking?

The ancient Greeks and Romans were responsible for some of the world's earliest banking systems, with the Athenians developing a sophisticated banking system in the 5th century BC that would eventually influence economies throughout the Greco-Roman world. Modern Western culture...

How the Upcoming Bitcoin Halving Could Shake Up Ethereum

The upcoming Bitcoin halving is one of the most highly anticipated events in the cryptocurrency world, and the upcoming 2024 halving is shaping up to be particularly significant for another major cryptocurrency too, namely Ethereum. With the relatively recent approvals...

Bedrock of England’s Economy Formed by Coins Made of Byzantine Silver

A recent chemical analysis has revealed the Byzantine origin of silver coins that stimulated trade and helped bring about the development of new towns. These were used beginning in the seventh century in England. Starting around 660AD, for many decades...

Bitcoin Halving and How It Might Affect Its Price

Get ready for a major event in the world of cryptocurrency. The next Bitcoin halving is coming in April 2024. But why should Bitcoin halving matter to us? Approximately every four years, the amount of new bitcoins that enter circulation in...

Gold and Bitcoin Peaks: Are We Heading to Another Dot-Com Bubble?

The stock markets have been on the rise recently, with major indexes like the S&P 500 and Nasdaq hitting record highs. At the same time, speculative assets like bitcoin and gold have also surged to new peaks. While many investors...

Greek Economy Set for Continued High Growth in 2024

After a robust recovery from the Covid-19 pandemic and increasing favor with several credit rating agencies, the Greek economy is expected to see a continued trend in positive growth in the new year. The Greek Economy in 2024 In its World...

China Set to Overtake Japan as World’s Biggest Car Exporter

China is on track to becoming the top car exporter worldwide this year, surpassing Japan, as reported by Financial Standards. This change signals a significant shift from the long-standing leadership of European, American, Japanese, and South Korean car manufacturers. However,...

Greek Wine Production to Decrease 30% in 2023

Greek wine production in 2023 is expected to drop by 30 percent, primarily attributed to the prevalence of downy mildew, the Athens-Macedonian News Agency reported. The Greek Winemakers' Association's leader, Yiannis Voyatzis, disclosed this projection during discussions with Agricultural Production...

Greece Becomes Europe’s Tax-Free Shopping Champion

Greece has became a European champion in regards of tax-free shopping against the background of the turbulent economic situation in the world. The country has become the favored destination for duty-free purchases by visitors from third countries. Although there...